Author Topic: Someone's in the Wall Street Journal today...  (Read 4287 times)

AmCap

  • Full Member
  • ***
  • Posts: 248
    • View Profile
    • Email
Someone's in the Wall Street Journal today...
« on: August 07, 2013, 06:38:57 AM »
Congrats to Peter and Bryce on the mentions! 

Boneheaded quote of the day comes from the Indiana securities commissioner: ""But there are limitations on the financial data that is available, and a chance of default, so we need to protect investors."

Limitations on the financial data available...right.

Where exactly do they think IR01 and IR04 come from?

Peter

  • Administrator
  • Hero Member
  • *****
  • Posts: 755
    • View Profile
    • Lend Academy
    • Email
Re: Someone's in the Wall Street Journal today...
« Reply #1 on: August 07, 2013, 11:48:50 AM »
Thanks AmCap. I don't know when these securities commissioners are going to get it.

And to give some background, I had an hour conversation with this reporter and responded to no less than a dozen emails over the course of a month and she didn't even mention Lend Academy in the article... :-[

For those who don't have a WSJ subscription Yahoo Finance also picked it up:
http://finance.yahoo.com/news/consumers-investors-eager-peer-peer-030000322.html
Publisher of the Lend Academy blog

See my returns here: http://www.lendacademy.com/returns

p2p2p2p2p

  • Newbie
  • *
  • Posts: 28
    • View Profile
Re: Someone's in the Wall Street Journal today...
« Reply #2 on: August 07, 2013, 11:59:00 AM »
Interesting article . While attempting to read it from the perspective of one never involved in p2p lending, I am not sure if this article would be sufficient  to motivate me to start. All the better for us I guess, even though it appears the beginning of the months rush to fund all the new institutional money has finally been quenched for a while. I actually had a chance to see what a top of the line D note looked like for 1.679 seconds before it was fully funded this morning.

I will have to investigate if the Bitcoin miner machines can be converted to buying LC notes through an API. Those machines are really fast.

brycemason

  • Hero Member
  • *****
  • Posts: 801
    • View Profile
    • P2P-Picks.com
    • Email
Re: Someone's in the Wall Street Journal today...
« Reply #3 on: August 07, 2013, 06:11:12 PM »
I know, right, Peter? I never even told the reporter that I worked for I university, yet that's the affiliation. Sheesh. How about tying P2P-Picks to the importance of independent credit modeling to help protect against the incentive to grow too fast. Oh well, better than nothing, but I would have liked the traffic to the site.

rawraw

  • Hero Member
  • *****
  • Posts: 2784
    • View Profile
Re: Someone's in the Wall Street Journal today...
« Reply #4 on: August 07, 2013, 06:14:59 PM »
Mentioning your name should lead to the site.  Just keep at it guys :)


SeattleSun

  • Full Member
  • ***
  • Posts: 217
    • View Profile
Re: Someone's in the Wall Street Journal today...
« Reply #5 on: August 08, 2013, 11:36:38 AM »

Haven't had a WSJ subscription for years but isn't there usually the ability of readers to add comments to the electronic copy of the articles.

If the above is true suggest you add a comment leading them to "P2P Picks" and or "Lend Academy"

mo

  • Full Member
  • ***
  • Posts: 158
    • View Profile
Re: Someone's in the Wall Street Journal today...
« Reply #6 on: August 09, 2013, 12:41:47 PM »
I don't know when these securities commissioners are going to get it.

They'll get it when supporters of P2P start offering them jobs or campaign contributions.

Randawl

  • Sr. Member
  • ****
  • Posts: 469
    • View Profile
Re: Someone's in the Wall Street Journal today...
« Reply #7 on: August 09, 2013, 07:23:09 PM »
They'll get it when supporters of P2P start offering them jobs or campaign contributions.

This guy gets it     ;)